TV
Grupo Televisa, S.A.B.
TV offers stronger valuation, but that advantage does not outweigh its weaker overall profile.
VZ
Verizon Communications Inc.
VZ has a slight edge over TV overall, supported by lower modeled downside.
TV Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Stable | |
| Stable | |
| Stable |
TV's revenue, profitability, cash flow and balance sheet are all currently stable.
VZ Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Healthy | |
| Strong | |
| Under pressure |
VZ's profitability and cash flow are currently healthy, and its revenue is stable, but its balance sheet is under pressure.
TV PE Valuation
TV has no meaningful PE right now: it lost money over the past year.
VZ PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 8.3x | $32.43 | -30% |
| Forward | 9x | $46.55 | — |
| Fair | 11x | $43.63 | -6.3% |
| Current | 12x | $46.55 | — |
| Expensive | 14x | $56.75 | +22% |
Historical ranges are pointers, not guarantees.
VZ's PE is in its fair range at 12x. If earnings grow as analysts expect, today's price would be 9.0x next year's earnings, in its cheap range.
TV Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Strong growth | |
| Stable | |
| Strongly improving | |
| Limited | |
| Low |
Analysts expect TV's earnings to grow and its profitability to improve, with its revenue holding steady. However, they disagree widely on these estimates.
VZ Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Growth | |
| Stable | |
| Improving | |
| Limited | |
| High |
Analysts expect VZ's earnings to grow and its profitability to improve, with its revenue holding steady.
TV Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q3 2025 | -$1.08 | -$0.57 |
| Q2 2025 | -$0.83 | -$0.16 |
| Q1 2025 | -$0.88 | -$0.23 |
| Q4 2024 | -$0.82 | $0.00 |
| Q3 2024 | -$0.51 | +$0.79 |
| Q2 2024 | -$0.67 | +$0.44 |
| Q1 2024 | -$0.65 | +$0.17 |
| Q4 2023 | -$0.82 | -121% |
VZ has the stronger earnings trend. Trailing diluted EPS is down 312% for TV versus VZ down 16%.
VZ Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $5.19 | +32% |
| Q3 2026 | $3.93 | -16% |
| Q2 2026 | $3.85 | -10% |
| Q1 2026 | $4.11 | -2.1% |
| Q4 2025 | $4.06 | -1.9% |
| Q3 2025 | $4.68 | +103% |
| Q2 2025 | $4.29 | +61% |
| Q1 2025 | $4.20 | +57% |
| Q4 2024 | $4.14 | +51% |
VZ's earnings per share have fallen from their peak: $3.93 over the past year, against $5.34 in late 2021.
TV Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q2 2026 | $766.7M | -3% |
| Q1 2026 | $778.7M | -3.1% |
| Q4 2025 | $780.6M | -4.5% |
| Q3 2025 | $784.8M | -4.8% |
| Q2 2025 | $790.3M | -6.3% |
| Q1 2025 | $803.4M | -6.1% |
| Q4 2024 | $817M | -17% |
| Q3 2024 | $824.3M | -6.4% |
TV's revenue fell from its 2021 peak and has held roughly level since: $767M last quarter, down 3% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q2 2026 | 12% | +3.4 points |
| Q1 2026 | 11% | +3.9 points |
| Q4 2025 | 13% | +23 points |
| Q3 2025 | 6.7% | +4.3 points |
| Q2 2025 | 8.3% | +7.8 points |
| Q1 2025 | 7.3% | -11 points |
| Q4 2024 | -9.7% | -13 points |
| Q3 2024 | 2.4% | +4.7 points |
TV's operating margin was 12% last quarter, up 3.4 points from the same quarter a year ago.
VZ Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $34.3B | +1.5% |
| Q2 2026 | $34.3B | -0.7% |
| Q1 2026 | $34.4B | +2.9% |
| Q4 2025 | $36.4B | +2% |
| Q3 2025 | $33.8B | +1.5% |
| Q2 2025 | $34.5B | +5.2% |
| Q1 2025 | $33.5B | +1.5% |
| Q4 2024 | $35.7B | +1.6% |
VZ has the edge over TV on sales, with more consistent year-over-year improvement.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 25% | +1.3 points |
| Q2 2026 | 21% | -2.7 points |
| Q1 2026 | 24% | +0.1 points |
| Q4 2025 | 14% | -7.1 points |
| Q3 2025 | 24% | +6.2 points |
| Q2 2025 | 24% | -0.2 points |
| Q1 2025 | 24% | +1 points |
| Q4 2024 | 21% | +19 points |
VZ has the edge over TV on profitability, with a higher operating margin.
TV Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q2 2026 | $58.7M | +1085% |
| Q1 2026 | $23.7M | -87% |
| Q4 2025 | $28.5M | -92% |
| Q3 2025 | $60.8M | -81% |
| Q2 2025 | $4.9M | -99% |
| Q1 2025 | $187.7M | +25% |
| Q4 2024 | $378.3M | +249% |
| Q3 2024 | $318.2M | +274% |
TV still generates free cash flow, though less than at its 2024 peak: $172M over the past year.
VZ Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $11.5B | +2.2% |
| Q2 2026 | $10.4B | +16% |
| Q1 2026 | $8B | +2.6% |
| Q4 2025 | $9.1B | -13% |
| Q3 2025 | $11.3B | +14% |
| Q2 2025 | $9B | -5.4% |
| Q1 2025 | $7.8B | +9.9% |
| Q4 2024 | $10.4B | +20% |
VZ has the edge over TV on cash flow, with more consistent year-over-year improvement.
TV Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -59% | -633M shares |
| 1 year | -20% | -111M shares |
| 3 years | -27% | -160M shares |
| 5 years | -28% | -170M shares |
| Available history | -25% | -144M shares |
TV has the edge over VZ on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q2 2026 | $15,347 |
| Q1 2026 | $2.2M |
| Q4 2025 | — |
| Q3 2025 | — |
| Q2 2025 | — |
| Q1 2025 | — |
| Q4 2024 | $27.4M |
| Q3 2024 | — |
TV spent $2M buying back its own shares over the past year, down 92% from the year before.
VZ Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.2% | -10M shares |
| 1 year | -1.7% | -72M shares |
| 3 years | -1.3% | -55M shares |
| 5 years | +0.4% | +17M shares |
| Available history | +0.5% | +21M shares |
VZ has 4.2B diluted shares, down 1.7% from a year ago.
| Quarter | Spent |
|---|---|
| Q3 2026 | $500M |
| Q2 2026 | $1B |
| Q1 2026 | $2.5B |
TV Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q2 2026 | 2.5x | Moderate |
| Q1 2026 | 2.6x | Moderate |
| Q4 2025 | 2.3x | Moderate |
| Q3 2025 | 2.8x | Moderate |
| Q2 2025 | 2.8x | Moderate |
| Q1 2025 | 3.0x | Elevated |
| Q4 2024 | 0.1x | Very low |
| Q3 2024 | 2.5x | Moderate |
TV has the edge over VZ on leverage, with a lower net debt burden relative to earnings.
VZ Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 3.3x | Elevated |
| Q2 2026 | 3.4x | Elevated |
| Q1 2026 | 3.4x | Elevated |
| Q4 2025 | 2.9x | Moderate |
| Q3 2025 | 2.8x | Moderate |
| Q2 2025 | 3.0x | Moderate |
| Q1 2025 | 3.0x | Elevated |
| Q4 2024 | 3.0x | Elevated |
VZ's net debt is about 3.3 years of its operating earnings (EBITDA), up from 2.8 years a year ago.
TV Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 40.6 | Neutral |
| Stochastic | 20.8 | Neutral |
TV's weekly RSI is 41 (neutral) and its Stochastic is 21 (neutral).
VZ Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 50.9 | Neutral |
| Stochastic | 44.6 | Neutral |
VZ's weekly RSI is 51 (neutral) and its Stochastic is 45 (neutral).
TV PE vs Communication Services Sector
TV has no meaningful PE right now: it lost money over the past year.
VZ PE vs Communication Services Sector
| Metric | VZ | Sector median | Relative |
|---|---|---|---|
| PE | 12x | 16x | 28% below |
| PE % | 58 | 26 | 32 pts above |
VZ is trading at 12x earnings, a 28% discount to the Communication Services sector's median of 16x.
TV Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $2.30 | 3% below |
| 20 week MA | $2.53 | 12% below |
| 50 week MA | $2.79 | 20% below |
| 100 week MA | $2.50 | 11% below |
| 200 week MA | $3.00 | 26% below |
TV is in a downtrend: it's below all five of its weekly moving averages, and 26% below its 200-week average.
VZ Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $45.1 | 3.1% above |
| 20 week MA | $46.3 | 0.5% above |
| 50 week MA | $46.1 | 1.1% above |
| 100 week MA | $44.2 | 5.4% above |
| 200 week MA | $41.4 | 12% above |
VZ has the edge over TV on trend strength, trading above more of its moving averages.
TV Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $11.9 | $7.90 | -33% |
| 2021 | $7.90 | $9.48 | +20% |
| 2022 | $9.48 | $4.75 | -50% |
| 2023 | $4.75 | $3.34 | -30% |
| 2024 | $3.34 | $1.77 | -47% |
| 2025 | $1.77 | $2.95 | +67% |
| 2026 YTD | $2.95 | $2.23 | -24% |
TV has finished lower in four of the last six years. It's down 24% so far in 2026.
VZ Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $61.5 | $58.8 | -4.4% |
| 2021 | $58.8 | $52.7 | -10% |
| 2022 | $52.7 | $38.4 | -27% |
| 2023 | $38.4 | $37.7 | -1.8% |
| 2024 | $37.7 | $39.9 | +5.9% |
| 2025 | $39.9 | $40.5 | +1.4% |
| 2026 YTD | $40.5 | $46.6 | +15% |
VZ has the edge over TV on returns for 2026, with the stronger performance.